The ship's namesake, former President Jimmy Carter, and
ship's sponsor, former first lady Rosalynn Carter also attended the event.

"What makes me so proud is to have been the only
submariner to have served as commander in chief and also to have a submarine
named after me," said Carter. "Of all the honors I have ever
received, I've never had anything of greater honor than the chance to be the
namesake of USS Jimmy Carter."

During Elkowitz's command tour, which began in March 2012,
USS Jimmy Carter completed five missions vital to national security and
underwent a 17 month-long docking phased maintenance availability period.

"I could not have asked for a better ship, crew and
supporting cast," Elkowitz said. "I am incredibly lucky to have been
part of such an extremely talented team - a team that has accomplished so much
for the Navy and our nation. We have done things that we can never tell others
about, and must be content with the knowledge we carry within that what we did
has made a difference."

In addition, Jimmy Carter earned the Battle Efficiency
Award, or Battle "E", for 2012 and 2013. The ship was honored with
the U.S. Submarine Forces Pacific Retention Excellence Award for 2012 and 2014,
as well as the crew being awarded the Presidential Unit Commendation and the
Navy Unit Commendation.

Elkowitz's next assignment will be to the Office of the
Secretary of Defense.

Smith reports to Jimmy Carter from Navy Personnel Command,
where he was the submarine assignments branch head and executive officer
detailer.

USS Jimmy Carter is the last and most advanced of the
Seawolf-class attack submarines and is currently homeported at Naval Base
Kitsap in Bangor, Washington. The one-of-a-kind vessel has all the capabilities
of a Seawolf-class submarine, plus a 100-foot-long, 2,500-ton hull extension
known as the multi-mission platform to test new generations of weapons and
support Navy SEAL (Sea, Air and Land forces) operations.

Former President Carter, one of six living people with ships
named after them, has been actively interested in the ship over the course of
its life. He previously visited during its christening and its commissioning.

President Carter remains the only U.S. president to graduate
from the U.S. Naval Academy as well as the only one to qualify on submarines.
Graduating in 1946, he served in the Navy until 1953. He served as the governor
of Georgia from 1971 to 1975 and as the commander in chief from 1977 to 1981.

WASHINGTON, May 30, 2015 – A strong and inclusive security
architecture is key to ensuring the opportunity for the Asia-Pacific region to
continue to rise, Defense Secretary Ash Carter said today at the Shangri-La
Dialogue in Singapore.

Delivering a speech at the event's first plenary session,
Carter stressed the importance of safeguarding the freedom of the seas for all
nations, deterring conflict and coercion in the region and adherence to
international rules.

Shared Future

“The United States wants a shared regional architecture that
is strong enough, capable enough, and connected enough to ensure that all
Asia-Pacific peoples and nations have the opportunity to rise and continue to
rise in the future,” he said.

America wants a future, Carter said, in which an Indonesian
fisherman, an energy executive from Malaysia, an entrepreneur from Singapore, a
small business owner in California, and a Chinese businesswoman have the
security and opportunity to rise and prosper.

The defense secretary said the U.S. seeks to protect the
rights of all countries -- large or small -- to help them rise, prosper and be
able to determine their own destiny.

Collective Effort

In order to realize this future, Carter said the
Asia-Pacific’s security architecture must be inclusive, open, and transparent.

“It must respect rights, and not just might,” he said. “It
cannot shy away from the hard issues; it must provide a forum to openly discuss
the challenges we face, so that we can tackle them collectively.”

This architecture must be “action-oriented,” Carter said, to
help manage today’s challenges and prevent tomorrow’s crises while rewarding
cooperation -- not coercion.

“That’s an audacious idea,” he said, “but we meet today in a
country that demonstrates what determination, consistency, and persistence can
do, though we do so with heavy hearts.”

Here men and women of goodwill come together to think
critically about the region’s future, he said, and “we owe it to all those we
represent -- citizens, organizations, governments and businesses -- to work
together until we succeed; until every nation can rise and everybody wins.”

70 Years of Success

Over the past 70 years, Carter said the Asia-Pacific has
grown and prospered in many ways.

“Miracle after miracle has occurred,” he said. “First Japan,
then Taiwan, South Korea, Southeast Asia, including Singapore, rose and
prospered, and now, China and India are rising and prospering.”

And the region is not done yet, Carter added. “Today, over
60 percent of the world’s population lives in the Asia-Pacific. It’s the
fulcrum of the global economy; one of the fastest growing regions of the
world.”

Sustained growth, supported by increased regional and
international trade has lifted millions out of poverty and into the middle
class, he said.

“Even though there’s still room for improvement,” Carter
said, “democracy and freedom have spread throughout the region.”

America’s Resilience

The defense secretary noted the U.S. is also “doing well”
following its worst recession since the Great Depression, and the economy has
since “made great gains.”

Progress will continue, Carter said, because of America’s
“dynamic and innovative businesses, strong commitment to the rule of law,
world-class universities, and the domestic energy revolution now underway.”

“The U.S. military,” he said, “long the finest fighting
force the world has ever known, has improved its readiness while maintaining
its unmatched operational edge and unrivaled capabilities.”

U.S. Commitment to the Region

Carter explained the purpose of America’s rebalance to the
Asia-Pacific is about sustaining the progress occurring all around the region
and helping it continue to fulfill its promise.

The defense secretary said he is “personally committed” to
the next phase of the rebalance where DoD will deepen “long-standing alliances
and partnerships,” while diversifying America’s force posture, and making new
investments in key capabilities and platforms.

According to Carter, this includes investing in technologies
most relevant to the complexity of the security environment there, such as new
unmanned systems for the air and sea, a new long-range bomber, and other
technologies like the electromagnetic railgun, lasers, and new systems for
space and cyberspace.

As new systems are developed, he said, “DoD will continue to
bring the best platforms and people forward to the Asia-Pacific.”

Carter said the rebalance’s next phase is about more than just
security; it includes increasing economic and diplomatic engagement.

The Trans-Pacific Partnership trade agreement, he noted,
once complete, will “unlock tremendous economic opportunities,” for the U.S.
and countries across the Pacific Rim.

It will create a diverse network of trade and investment
relations, Carter said, driven by TPP’s high standards, reducing reliance on
any one network.

The defense secretary also lauded other U.S. leaders’
devotion to standing with its allies and partners to help maintain peace and
stability in the Asia-Pacific.

Rebalance Strategy Inclusive

“It’s important to remember that America’s rebalance,”
Carter said, “and our overall and long-standing strategy to promote an
Asia-Pacific regional security architecture where everyone rises, has never
aimed to hold any nation back or push any country down.”

“The United States wants every nation to have an opportunity
to rise and prosper,” he said, “and win, because it’s good for the region and
good for all our countries.”

As nations develop, military spending increases, and
economies thrive, Carter said there’s an expectation of changes in how
countries define and pursue their interests and ambitions.

“In addition to those changes,” he said, “we’ve seen the
region’s complex security environment become more fraught.”

Carter cited North Korea’s provocations, disputes over
international water and airspace, climate change challenges, natural disasters
terrorism, foreign fighters, cyberattacks, and trafficking in both people and
narcotics that plague the region like any other.

“These challenges risk upsetting the positive trajectory
we’ve all been on,” he said, “and the rise of so many in the Asia-Pacific.”

“That can make it hard to remember our common interests, but
the progress we’ve made, and must continue, demands that we do so,” Carter
said.

Security a Shared Responsibility

The defense secretary said the Asia-Pacific has never had a
region-wide alliance like NATO in Europe, and encouraged partnership in
promoting regional peace, stability, and security.

“We must continue to come together,” Carter said. “Today and
in the years ahead, security must be the shared responsibility of … of all our
nations.”

The foundation for a stronger architecture is there, he
said, but it’s incumbent on collective effort to make it better.

Carter laid out several points in achieving this collective
security effort:

“That’s how we reach the future a stronger security
architecture affords,” Carter said, “ … where everyone continues to rise and
everyone continues to win.”

South China Sea Dispute

In order to realize this future, Carter said the “urgent”
issue of security and stability in the South China Sea must be addressed.

“Yesterday, I took an aerial transit of the Strait of
Malacca,” he said. “And when viewed from the air, it is even clearer how
critical this region’s waterways are to international trade and energy
resources.”

“We’ve all benefitted from free and open access to the South
China Sea and the Strait of Malacca,” Carter said. “We all have a fundamental
stake in the security of the South China Sea.”

The defense secretary noted there are many claims to the
area, but one country has “gone much further and much faster” than any other --
China.

“China has reclaimed over 2,000 acres, more than all other
claimants combined,” Carter said, “and more than in the entire history of the
region.”

This has occurred in only the last 18 months, he said, and
it is unclear how much farther China will go which why the stretch of water has
become a source of tension in the region.

Renewed Diplomacy

The U.S. and other nations across the region are concerned
about China constructing massive outposts, Carter said, before clarifying the
U.S. position on the issue.

“We want a peaceful resolution of all disputes,” he said.
“To that end, there should be an immediate and lasting halt to land reclamation
by all claimants.”

“We also oppose any further militarization of disputed
features,” Carter said. “We all know there is no military solution to the South
China Sea disputes.”

Carter called for renewed diplomacy to find a “lasting
solution,” and encouraged ASEAN and China to conclude a Code of Conduct this
year.

Secondly, he said, the U.S. will continue to protect freedom
of navigation and overflight principles that have ensured security and
prosperity in this region for decades.

“There should be no mistake,” Carter said. “The United
States will fly, sail and operate wherever international law allows, as U.S.
forces do all over the world.”

“America,” he said, “alongside its allies and partners in
the regional architecture, will not be deterred from exercising these rights
the rights of all nations.”

Turning an underwater rock into an airfield, Carter said,
simply does not afford the rights of sovereignty or permit restrictions on
international air or maritime transit.

Call For Stability

Carter said with its actions in the critical body of water,
China is “out of step” with both the international rules and norms that
underscore the Asia-Pacific’s security architecture, and the regional consensus
that favors diplomacy and opposes coercion.

These actions, he said, are spurring nations to respond
together speaking up for the importance of stability in the area.

The U.S. will always stand with its allies and partners,
Carter said. “It’s important for the region to understand that America is [going
to] remain engaged … and help provide security and stability in the
Asia-Pacific for decades to come.”

More Work to be Done

Carter said the South China Sea is just one issue and, while
nations can’t predict future challenges, they can work together to ensure peace
and prosperity.

The region needs an architecture “where everyone rises and
everybody wins,” he said, and that is happening right now, but there is more
work to do.

By taking steps now, Carter said, “we can ensure our
successors at the Shangri-La Dialogue, in 20 years, will be the challenges and
opportunities presented by the rise of yet other Asia-Pacific nations.”

Carter said he hopes by then discussions are about
tripartite multilateral maritime engagements, and an ASEAN-wide security
network.

“If those are the conversations at Shangri-La 2035, we will
have succeeded,” he said. “We will still face challenges and crises, but we
will face them together, with a regional security architecture where everyone
rises and everybody wins.”